I think it all depends how long you want to hold the position. As for a daily chart, to me it looks like the stock will be in a basing mode. If more bad news for oil nest week, this little "island" wont last, and will go down IMO.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
